Filed May 12, 2022
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $164,244 | $56,544+190.5% | $75,501+117.5% | $70,126+134.2% |
| Participation rate | 88.9% | 68.1%+20.8pp | 72.4%+16.5pp | 69.5%+19.3pp |
| Annual return | 21.43% | 23.59%-2.2pp | 27.35%-5.9pp | 73.15%-51.7pp |
| Employer contribution / active EE | $5,701 | $1,817+213.9% | $2,352+142.4% | $2,343+143.4% |
| Participant deferral / active EE | $9,129 | $2,580+253.9% | $3,142+190.5% | $3,332+174.0% |
| Admin fee / account holder | $688 | $3,827-82.0% | $5,801-88.1% | $4,645-85.2% |